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How long did it take for $1635 to increase to $2310 if the investment earned interest at a rate of 8.08% compounded quarterly (give your

How long did it take for $1635 to increase to $2310 if the investment earned interest at a rate of 8.08% compounded quarterly (give your final answer in years and months, e.g., 3 years and 7.23 months)?

Select one:

A.

7 years 7.69 months

B.

8 years 1.69 months

C.

4 years 3.84 months

D.

4 years .64 months

E.

3 years 4.79 months

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